PESTLE ANALYSIS
PoliticalGore operates in over 45 countries so has the potential to be affected by a range of different political developments and policies as they apply in the countries concerned. Major events such as war or political upheaval can halt production at Gore’s factories, interfere with its supply and trade chains, or reduce demand in its markets. Political instability can result in frequent changes in government policy, and resulting legislation, which can adversely affect Gore’s operations and increase overheads. Gore has to adapt to the increasing impetus in developed markets for the introduction of laws and policies aimed at protecting consumers from perceived health and environmental risks associated with ePTFE. In emerging markets, Gore has to factor in the cost of doing business in terms of burdensome regulation, anti-business employment and taxation laws, corruption and exchange control restrictions.

EconomicFluctuating economic conditions in the countries within which Gore operates have the capacity to adversely affect Gore’s production and sales. Gore has to monitor economic conditions across its geographies on an ongoing basis and be sufficiently nimble to alter its business approach accordingly as governments increase tax rates or tighten monetary policy to cope with economic downturn. At the same time, Gore’s spread of operations and markets across geographies and industries provide diversification of risk so that downturns in certain countries are compensated for by growth in others. This diversification provides Gore with the best protection against global recession and explains its strong showing internationally as number 164 in Forbes’ list of private companies in 2010.

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...Report: The environmental factors within the PESTLEanalysis which are having an impact on Charles Stanley October 2008 1.0 - Introduction to the PESTLEanalysis……………………………….........................3 2.0 – Introduction - Charles Stanley 2.1 - PestleAnalysis of Charles Stanley Stockbrokers 3.0 – Detailed Focus - Two Key Factors 3.1 – Impact factors on HR strategy and practise 3.2 – Recommendations 3.3 – Conclusions 4.0 – Conclusion Appendix References Bibliography Concept Completing a PESTLEanalysis in order to see the ‘bigger picture’, can be a simple or a rather complex task, depending on how much detail is gathered and also how many people are involved as people see things differently. The six elements form detailed below form a helpful tool for firms for example HR can use this when reviewing a strategy. The PESTLEanalysis can be used for business planning, organisational changes, strategic decision making or marketing purposes from a departmental or an individual perspective to assist organisations to identify trends, in potential opportunities and threats before their competitors or to simply ensure that the basic factors are not overlooked.
CS PESTLEAnalysisPestleanalysis of Charles Stanley Stockbrokers. Introduction - Charles Stanley...

...﻿PEST Analysis
We are going to produce a PEST analysis to find out what external influences may be affecting the product (Milo) and to what extent to which customers decide to buy them. The purpose of the PEST analysis is to analyse the organization (Nestle Milo) operates and to identify how it may influence marketing decisions. A PEST analysis analyses the external environment in which an organization operates and identifies how it should influence marketing decisions.
Political Factors
The actions of governments can have major effects on business and markets, including creating or reducing demand for particular products and services.
Economic Factors
Consumer spending may be controlled by a range of economic factors such as income levels, inflation, taxes, unemployment, and exchange rates and mortgage rates.
Social Factors
Social trends are important because they have a direct influence on the demand for particular types of product.
Technological Factors
Development in technology gives rise to new products and market opportunities, e.g. the rapid growing use of computerized reservations systems.
Economical
* Exchange rates (what are they here/abroad, If you’re buying from another country and the rates differs, it changes the price you end up paying)
Fall in value of sterling which makes exports cheaper and increases quantity of exports of milo.
The geographical factor will increase with the prices of milo....

...market with 60% of group sales and profits coming from the UK business. Despite Tesco having international growth, this means the company is highly dependent on the UK market and this is starting to lead to problems for them. For example, this year Tesco reported a fall in profit for the first time in 20 years. Because of this Tesco needs to use a PEST (Political, Economic, Social and Technological factors) analysis as it will allow the business to build their vision for the future and help them to avoid further decreases in profit. Good use of PEST Analysis would also help Tesco to avoid taking further action that would result in failure for reasons beyond their control e.g. the recession.
PEST analysis is used to analyse business markets, industries, segments or the whole economies. It provides a summary of the driving forces in the macro environment. It identifies drivers that were of high importance in the past, indicates to what extend they might change in future and how this will interfere with the organisation or the whole industry. Depending on the objective of the analysis, a distinction between the current situation and potential future changes may be helpful.
Political factors have an effect on Tesco. The government encourages retailers to provide a mix of job opportunities such as low-paid jobs, local based jobs, flexible jobs, high-skilled jobs and high-paid jobs etc. This is so the demand from...

...PESTLEanalysis, which is sometimes referred as PEST analysis, is a concept in marketing principles. Moreover, this concept is used as a tool by companies to track the environment they’re operating in or are planning to launch a new project/product/service etc.PESTLE is a mnemonic which in its expanded form denotes P for Political, E for Economic, S for Social, T for Technological, L for Legal and E for Environmental. It gives a bird’s eye view of the whole environment from many different angles that one wants to check and keep a track of while contemplating on a certain idea/plan.
Political and legal factors
Political and legal factors are here regarded as a unit. They refer to framework given by politics. The exist regulatory or legal frameworks, which can be binding for regions, nations or on an international basis. The frameworks deal with economical issues or issues concerning the labour market.Subsidies for instance fall in the category of economical issues. According to the degree of support through subsidies, a country can be more or less attractive for a company. With respect to the labour law of a country, it can highly influence location decisions, too. If e.g. the dismissal protection in a country is very good, a firm may tend to choose a country with a more flexible hire-and-fire-system. Furthermore, political environment can have a significant influence on businesses, political factors affect consumer confidence and...

...Application of PESTLEanalysis
1. Define the purpose of PESTLEanalysis and spell out some of the main constituents of each factor.
PESTLEanalysis “Political, Economic, Social, Technological, Legal and Environmental analysis” is used to evaluate the many factors in the macro environment that will affect the decisions of managers in any organisation. It is normally carried out before a SWOT analysis which is applied for assessing an internal environment of a business (Panah, 2012). Government policy, economic growth, social trends, new technologies, new laws and climate change are all examples of macro change. Political factors include tax policy, trade restrictions and tariffs. It’s what the government intends to change in the economy. Economic factors include interest rates, inflation rates and exchange rates. These factors influence a business’s day to day operations and decisions. Demand is affected by social trends such as age distribution, population growth rate and culture aspects. Technological factors can improve the competitive advantage of a business by affecting the cost, quality and innovation. Every business has to follow the law; this means that legal factors are essential for business practice. There is a rising awareness of the environmental factors, affecting how companies operate. Overall, PESTLE factors have major...

...part in 4 minutes. Thanks to this group work, now I know the true meaning of flexibility of a team. We need to respond to the changing environment swiftly and efficiently, only in this way can we achieve more goals.
Now let’s talk about other members’ work. Bi was in charge of introduction, conclusion of report originally until we later considered that her part was not enough, so now she still need to work out Teamwork 4.1 in order to lower the burden of Chloe. As the overview and introduction of presentation are done by me, Bi doesn’t have any part in ppt because 4.1 is not necessary. In order to lower the burden of Xue, Bi needs to do the PESTLE and Porter’s Five Forces in presentation. Because of the different outline, Bi has spent more time on the work so as to adapt, I thank her so much. The report part of Xue is BCG, SWOT and PESTLE, and her ppt part is SWOT and value chain. She also had a lot work to do, however, as we know that all the three techniques she was in charge of need full explanation in presentation, she can’t finish it in 5 minutes, some parts of her needed to be taken by other so as to make a balance of the teamwork. The report and ppt part of Qiao are stakeholder and growth strategy (2.3 and 3.1), while Chloe was in charge of 3.2 and 4.2, which are acquisition, market strategy and resource collection of report and ppt. We all did a good job in the team, which really improved our efficiency in solving any tasks ahead of us....

...PEST analysis
A PEST analysis is used to identify the external forces affecting an organisation .This is a simple analysis of an organisation’s Political, Economical, Social and Technological environment. A PEST analysis incorporating legal and environmental factors is called a PESTLEanalysis.
Political
The first element of a PEST analysis is a study of political factors. Political factors influence organisations in many ways. Political factors can create advantages and opportunities for organisations. Conversely they can place obligations and duties on organisations. Political factors include the following types of instrument:
- Legislation such as the minimum wage or anti discrimination laws.
- Voluntary codes and practices
- Market regulations
- Trade agreements, tariffs or restrictions
- Tax levies and tax breaks
- Type of government regime eg communist, democratic, dictatorship
Non conformance with legislative obligations can lead to sanctions such as fines, adverse publicity and imprisonment. Ineffective voluntary codes and practices will often lead to governments introducing legislation to regulate the activities covered by the codes and practices.
Economical
The second element of a PEST analysis involves a study of economic factors.
All businesses are affected by national and global economic factors. National and global interest rate...

...its market destinations. Thus, in areas where there is a high competition, a low risk or a high growth potential (that is most of Europe and the whole of America) the company adopts a position of growth through subsidiaries. In highly competitive unfamiliar markets it does so through joint ventures that soften the learning effect (such as Japan and Germany). And in situations where the risk is high and sales are low, where the cost of building its own stores is very high, acting through franchising (Middle East and Scandinavia).
PESTLE Review
PESTLE describes six factors that apply to all businesses, although some factors will impact one particular business to a greater or lesser extent or in a more direct or indirect manner than others. Awareness and analysis of the PESTLE factors allow companies to align themselves to these external aspects and in many cases, soften the impact that they have on business. It is worth noting that PESTLE is a model and that in reality many of the forces affecting business relate to more than one of the factors explained below, that is, that factors are closely related and interdependent.
Political
The political factor is concerned with the role of governments and their policies. Government systems and regulations will have direct implications on business. Considering politics is very important when operating in a new country in order to adapt to local...